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Inventory behavior with permanent sales shocks

Maccini, Louis J.; Moore, Bartholomew John; Schaller, … - In: Journal of economic dynamics & control 53 (2015), pp. 290-313

Persistent link: https://www.econbiz.de/10011526965

Monetary policy and the role of inventory investment

Rubio, Margarita; Schuh, Scott - In: Applied economics letters 24 (2017) 21, pp. 1605-1612

Persistent link: https://www.econbiz.de/10011853565

A New Approach for the General Equilibrium Analysis. Increase of the Production and Employment with Monetary and Fiscal Boosts

Nomidis, Dimitrios - 2014

:After a monetary or fiscal expansion there will always be a temporary increase in the production and employment, even if … be not only a temporary short-term increase in the production and employment, but furthermore a permanent long-term one … fixed long-term production reflecting a fixed full employment level underlies the conventional theory, unless a long …

Persistent link: https://www.econbiz.de/10013053400

Risk-Taking, Capital Allocation and Optimal Monetary Policy

David, Joel Michael; Zeke, David - 2021

We study the role of firm heterogeneity in affecting business cycle dynamics and optimal stabilization policy. Firms differ in their degree of cyclicality, and hence, exposure to aggregate risk, leading to firm-specific risk premia that influence resource allocations. The heterogeneous firm...

Persistent link: https://www.econbiz.de/10013251194

Risk-taking, capital allocation and optimal monetary policy

David, Joel M.; Zeke, David - 2021

Persistent link: https://www.econbiz.de/10012415672

Risk-Taking, Capital Allocation and Optimal Monetary Policy

Zeke, David - 2021

Persistent link: https://www.econbiz.de/10014031130

Worker heterogeneity, selection, and employment dynamics in the face of aggregate demand and pandemic shocks

Ravenna, Federico; Walsh, Carl E. - 2020

In a new Keynesian model with random search in the labor market, endogenous selection among heterogeneous workers amplifies fluctuations in unemployment and results in excess unemployment volatility relative to the efficient allocation. Recessions disproportionately affect lowproductivity...

Persistent link: https://www.econbiz.de/10012318150

Fixed wage contracts and monetary non-neutrality

Björklund, Maria; Carlsson, Mikael; Nordström Skans, Oskar - 2016

We study the importance of wage rigidities for the monetary policy transmission mechanism. Using uniquely rich micro data on Swedish wage negotiations, we isolate periods when the labor market is covered by fixed wage contracts. Importantly, negotiations are coordinated in time but their...

Persistent link: https://www.econbiz.de/10011542480

Fixed wage contracts and monetary non-neutrality

Björklund, Maria; Carlsson, Mikael; Nordström Skans, Oskar - 2016

Persistent link: https://www.econbiz.de/10011522352

Fixed wage contracts and monetary non-neutrality

Björklund, Maria; Carlsson, Mikael; Nordström Skans, Oskar - 2019

Persistent link: https://www.econbiz.de/10011990062